Emerson Electric (NYSE:EMR) Given New $188.00 Price Target at Royal Bank Of Canada

Emerson Electric (NYSE:EMR) had its price objective increased by research analysts at Royal Bank Of Canada from $179.00 to $188.00 in a research note issued on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the industrial products company’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 15.69% from the stock’s previous close.

Several other analysts also recently issued reports on EMR. KeyCorp dropped their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Citigroup lifted their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Rothschild & Co Redburn lifted their price target on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. JPMorgan Chase & Co. boosted their price target on Emerson Electric from $169.00 to $184.00 and gave the stock an “overweight” rating in a research report on Friday, October 9th. Finally, BMO Capital Markets boosted their target price on shares of Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $171.39.

Emerson Electric Stock Performance

Shares of Emerson Electric stock opened at $162.51 on Wednesday. The firm has a fifty day moving average of $156.16 and a two-hundred day moving average of $146.15. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The stock has a market capitalization of $91.02 billion, a price-to-earnings ratio of 35.57, a PEG ratio of 2.24 and a beta of 1.21. Emerson Electric has a 52 week low of $122.64 and a 52 week high of $166.35.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The company had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same period in the prior year, the business posted $1.52 EPS. Emerson Electric’s revenue was up .0% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.550-6.550 EPS and its Q4 2026 guidance at 1.850-1.850 EPS. As a group, equities research analysts predict that Emerson Electric will post 6.55 EPS for the current year.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in EMR. BlackRock Inc. acquired a new stake in Emerson Electric during the second quarter worth about $6,193,425,000. State Street Corp increased its stake in shares of Emerson Electric by 1.5% in the second quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock worth $3,962,177,000 after buying an additional 403,957 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Emerson Electric by 13.1% in the 1st quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock valued at $2,612,780,000 after purchasing an additional 2,302,055 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Emerson Electric by 1.9% during the 1st quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock worth $827,478,000 after buying an additional 117,513 shares during the last quarter. Finally, Legal & General Group Plc bought a new position in Emerson Electric during the second quarter worth $613,846,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company that provides products, software and services for industrial, commercial and residential applications. Its offerings help customers automate processes, measure and control operations, improve equipment performance, and manage complex industrial systems.

The company’s portfolio includes process-control and automation systems, industrial software, measurement and analytical instruments, control valves, regulators, electrical equipment, and related services.